Duncan Rolph

I am a managing partner of Miracle Mile Advisors LLC, an independent investment advisory firm based in West Los Angeles. We founded our firm in 2007 because there is a better way to invest. I have spent most of...

I am a managing partner of Miracle Mile Advisors LLC, an independent investment advisory firm based in West Los Angeles. We founded our firm in 2007 because there is a better way to invest. I have spent most of my career on Wall Street advising some of the wealthiest families in the country including 3 of the Forbes 400 families. However, I realized that selling hedge funds, structured products, and other complex strategies with high fees and hidden conflicts doesn’t translate into good advice and it simply doesn’t work especially in the post-2008 market environment. Our simple belief is that sophisticated advice using low cost index funds and ETFs delivers better results for our clients. Our approach has been validated by decades of research and we are now one of the faster growing independent firms in the country. I am frequent speaker at financial industry conferences, received my Bachelors Degree from Northwestern University and my MBA from the University of Chicago Booth Graduate School of Business. I am a passionate advocate for our clients and invite you to connect with me on Twitter and LinkedIn.

Uber’s impending IPO could be one of the largest in U.S. history, continuing the trend of massive IPOs by former privately-held Silicon Valley behemoths such as Snap Inc. and SurveyMonkey, and most recently its ridesharing rival Lyft.

An investor’s risk tolerance is a crucial aspect of how a portfolio should be constructed and what financial goals are obtainable in the future. The next time your portfolio experiences a downturn and causes you to panic, take a moment to review your portfolio.

Indicators of a market correction don’t always provide a clear and complete picture of the long-term market expectations. In fact, there is no explicit way to time or measure the magnitude of a market correction. Instead, it’s best to use the indicators as a guideline, but not a definitive rule.

To prevent the past from repeating itself, it's important to discuss the major events that happened in the financial crisis, while also forecasting the strength and direction of the U.S. economy to provide clarity on the current market standing for investors.

While talks of a potential U.S.-China trade war have made some investors skittish, the recent financial downturn of the Asian markets presents an opportunity to involve emerging markets into portfolios at a discount.